1-bed · 707 sqftTopaz Residences 1, Dubai Silicon Oasis · 3rd floor · completed 2016

307, Topaz Residences 1

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 11 September 2024
Last soldAED 580K11 September 2024
Current rentAED 48K /yr2 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Topaz Residences 1

What is 307 worth today?

Last sold for AED 580,000 in 2024

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11 Sep 2024SoldReady
AED 580,000AED 820 per sqft
2 Jun 2024RentedRenewal
AED 48,000/yr12 months · AED 68 per sqft
2 Jun 2021RentedRenewal
AED 39,600/yr12 months · AED 56 per sqft
2 May 2020RentedRenewal
AED 45,000/yr13 months · AED 63 per sqft
2 May 2019RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft
1 Apr 2019RentedNew contract
AED 40,000/yr12 months · AED 56 per sqft
7 Dec 2015Sold by developerOff-plan
AED 622,452AED 880 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 September 2024.

Key facts

Type
1-bed apartment
Size
707 sqft
Floor
3rd of 8
Parking
G-31
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 9,000 /yr
Last sold
AED 580K · September 2024

About 307, Topaz Residences 1

307 is a one-bedroom apartment of 707 sqft on the 3rd floor of Topaz Residences 1, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by Gulf General Investments Co. It last sold on 11 September 2024 for AED 580,000, or AED 820 per sqft, 9% above the AED 753 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 2 June 2024, is AED 48,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 9,000 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Topaz Residences 1
500K600K700K2015201820212024Typical sale price by year: 2015 AED 672,933; 2016 AED 672,855; 2017 AED 669,213; 2019 AED 659,680; 2020 AED 501,295; 2021 AED 460,000; 2022 AED 455,000; 2023 AED 495,000; 2024 AED 587,500; 2025 AED 637,500Sold by developer, December 2015: AED 622,452 (AED 880 per sqft)Sold, September 2024: AED 580,000 (AED 820 per sqft)

307 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 307, each contractTypical one-bed in Topaz Residences 1
40K60K20192021202320252027Typical rent by year: 2019 AED 46,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 38,000; 2023 AED 43,000; 2024 AED 50,000; 2025 AED 56,500; 2026 AED 59,000New contract, April 2019: AED 40,000 a yearNew contract, May 2019: AED 45,000 a yearRenewal, May 2020: AED 45,000 a yearRenewal, June 2021: AED 39,600 a yearRenewal, June 2024: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Topaz Residences 1, and where 307 sits

All 133 1-beds →

307 last sold in September 2024 at AED 820 per sqft, 9% above what one-beds in Topaz Residences 1 were fetching at the time (AED 753). Over the last 12 months one-beds sold for AED 730,000 to 810,000, around AED 954 per sqft, and rent for AED 39,690 to 78,000 a year. 307's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Feb 2026810,000
18 Dec 2025730,000
31 Jul 2025600,000
16 Jun 2025524,416
2 1-bed sales in the last 12 months

Topaz Residences 1

Building

136 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2016 by Gulf General Investments Co. 2 sold in the last 12 months.

Typical price per sqft
AED 954
Typical sale
AED 770K
Typical rent
AED 57K /yr
Typical yield
8.2%
Topaz Residences 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 136 units in Topaz Residences 1
Value
3011-bedAED 692K · Nov 2015
3021-bedAED 450K · Jul 2024
3031-bedAED 615K · Jul 2024
3041-bedAED 678K · Jan 2016
3051-bedAED 505K · Aug 2023
3061-bedAED 580K · Apr 2024
3081-bedAED 696K · Jul 2017
1–7 of 16

307, Topaz Residences 1 in numbers

  • Sold twice: first on 7 December 2015 for AED 622,452, last on 11 September 2024 for AED 580,000 (AED 820 per sqft).
  • Rented since April 2019 on 5 Ejari contracts, from AED 40,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 9,000 a year (AED 12.79 per sqft).
  • One-beds in Topaz Residences 1 sold for AED 730,000–810,000 in the 12 months to November 2026; the building's median across all types is AED 954 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 11 September 2024.

Questions about 307, Topaz Residences 1

What did unit 307 last sell for?

AED 580,000 on 11 September 2024: AED 820 per sqft for 707 sqft. The unit has 2 registered sales; the first was AED 622,452 in December 2015.

What is the rent for unit 307?

AED 48,000 a year on the contract renewed on 2 June 2024. The previous contract, from June 2021, was AED 39,600; the unit has been rented since April 2019.

How big is unit 307?

707 sqft (65.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2016.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Topaz Residences 1 sold for AED 730,000 to 810,000 in the last 12 months, around AED 954 per sqft.

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Mortgage on 307, Topaz Residences 1

Starts from the last sale price (AED 580K, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

Plus AED 29,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →